SGI Enhanced Global Income ETF (NASDAQ:GINX) Short Interest Update

SGI Enhanced Global Income ETF (NASDAQ:GINX) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 11,173 shares, a growth of 105.0% from the May 14th total of 5,450 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 6,879 shares, the short-interest ratio is presently 1.6 days.

SGI Enhanced Global Income ETF Price Performance

Shares of NASDAQ:GINX remained flat at $35.16 during midday trading on Monday. 10,264 shares of the stock were exchanged, compared to its average volume of 13,116. The business has a 50 day moving average price of $34.18 and a 200 day moving average price of $33.07. The stock has a market cap of $95.64 million, a price-to-earnings ratio of 13.81 and a beta of 0.47. SGI Enhanced Global Income ETF has a one year low of $27.49 and a one year high of $35.64.

SGI Enhanced Global Income ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 30th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Monday, March 30th.

About SGI Enhanced Global Income ETF

The SGI Global Enhanced Income ETF (GINX) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options. GINX was launched on Feb 29, 2024 and is issued by Summit Global Investments.